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by sequestration because those are our nickels and dimes that go into the gas tax per gallon. that weren't affected by sequestration. the huge -- an extremely high and disproportionate number of air traffic control -- of transportation department's expenditures are air tra traffic -- air traffic controllers themselves. so we have this problem. but as leader reid-pound out -- pointed out, we have other problems. to stop cancer research, to cut back on n.i.h. and n.s.f. which hals been our seed corn? n.i.h. created a biotechnical, a biopharmaceutical industry that's second to none and employees -- employs millions of people in your state, madam president, and mine. and n.s.f. research basically created the internet. that has created millions of jobs and makes u.s. industry the envy of the world. so we're cutting our seed corn. the kinds of programs for veterans who are homeless, the kinds of programs for homebound seniors. the meat ax approach of sequestration cuts those across the board. now, my preference would be to close some tax loopholes to get rid of sequestration. i don't think we should give
. speaker. i appreciate you allowing me this time today. yesterday was tax day. and i've got taxes on my mind, mr. speaker. you know as most folks in this chamber do that h.r. 25, the fair tax, is the most widely co-sponsored, most widely supported fundamental tax reform legislation in the house and in the senate. both the house and the senate. 64 of our colleagues in the house, mr. speaker, have put their name on h.r. 25, the fair tax. eight of our senate colleagues have put their name on h.r. 25, the fair tax. the fair tax is a revolutionary proposal, mr. speaker, in that it takes all of the power of the tax code out of washington, d.c., and returns it to men and women back home. you know we can manipulate the behavior of anyone in america through the tax code. if i want folks to wear more pink ties and fewer blue tie, i'll subsidize pink ties for 250% and tax blue ties for 250% and we'll change behavior overnight. do you remember, mr. speaker, when we had the electric vehicle tax credit back in 2010? it was a $7,500 tax credit. we said we are going to give $7,500 to every american to
in 10 years. brewster the nation's fiscal cut that tax loopholes that take a fair and balanced approach. at the same time the budget incorporates elements to speaker by last december. they make the difficult choices to find common ground. consistent with that offer come in the budget includes being the president would not put forward such as means testing command that a character in a related premiums and the more accurate the less generous measure of inflation. it includes proposals only so they come together around a complete and comprehensive package to shrink the deficit by $1.8 trillion over 10 years and are meant the fiscal uncertainty that hampers economic growth and job creation. this remark does not represent the starting point for negotiation. represent tagamet savings and additional roadrunners for those of the. the two cannot be separated and were not separated last december when we were close to a bipartisan agreement. this budget provides achievable solutions to fiscal problems, the crucial a solution desired, we have to do more than focus on deficit and debt. the signific
that you face, and i d not envy you, is you said the fits call consolidation, the consumption tax will go up next year and the following year, and you're certainly aware that will take a big hit on consumption on income that will have a negative impact on the economy, and i'm wondering how you're balancing these two different issues of fiscal consolidation and demand. [speaking japanese] >> translator: i think you have hit on the most important point, because whenever we may try to increase the taxes, it does not necessarily result in increasing the tax revenue. we have known the actual examples which have happened in the past in many nrsakg ne >> you can watch the rest of this online as we take you live now to the heritage foundation in washington, d.c. for remarks by senator mike lee of utah. he'll be talking about the conservative movement and the future of the republican party. >> in his most recent book, "we still hold these truths: rediscovering our principles, reclaiming our future." please join me in welcoming matt spalding. matt? [applause] >> thanks, jon. i thought you said cons
than $40 billion in tax breaks for oil and gas companies in the 2014 budget request from the president. is next.ton journal" host: good morning. it's monday, april 22. congress will discuss immigration reform today. today marks one a week since the bombings in boston that killed three. with one of the alleged perpetrators in custody, the debate over how authorities should proceed will be at capitol hill. it being debated whether the u.s. citizen should be designated as an enemy combatants and questioned under law of war or whether he should be turned over to the civilian criminal justice system immediately. should the ballston bomber be designated as an enemy combatants? give us a call. -- the boston bomber. a very good monday morning to you. we want to take you to the statement that was released over the weekend by three senators and one republican congressman. senator john mccain, senator instagram, senator kelly ayotte, and congressman king. they say the man should be treated as an enemy combatants. so we will take you through that debate that took place on a lot of th
quick, what happens next? no good. he's gone. >> well, the question is did they have to pay taxes on those benefits? >> i wants to know what happens next, oversight committees. don't know anything about it. >> eamon is gone. get hell him another time. another dramatic day on wall street. that was before some big news came out on microsoft and ibm earnings and google. ibm got killed in the after market, by the way. we're going to check all the key market news for you just ahead. i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. >>> welcome back to "the kudlow report" with larry kudlow along with sue her rare ark. the latest in the boston marathon terror bomb investigation. less than to you hours ago the fbi released pictures of two men described as dangerous suspects in the case. they are asking for the public's help in identifying. >> taking a look at images. the
collection act because it is going to make online businesses the tax collectors for the nation. and as the "wall street journal" pointed out in an editorial today called "the internet sales tax rush," it actually puts brick and mortar, puts the internet businesses at a disadvantage to brick and mortar businesses in terms of requiring -- making requirements on online businesses to collect taxes for transactions that the online businesses would not have to. and for a state like mine of new hampshire where we do not have a sales tax, this is also particularly onerous and really tramples on the decision that new hampshire has made to not have a sales tax. but most importantly, where we stand right now with the -- with the bill pending on the floor, you know, so many times there is so much around here that happens that does not go through regular order, and yet we have been talking on both sides of the aisle how important it is that when we have a major piece of legislation, which certainly this is, that we must go through regular order and that you just heard from the chairman of t
for tax increases every other day, every day for that matter, and those are mott going to deal with -- not going to deal with the spiraling out-of-control spending that rawses the need for more debt -- raises the need for more debt. again, the differences on this subject, mr. speaker, are well-known, and i'm hopeful that we can work towards setting aside the differences, focusing in on how far we can rk towards accomplishing cc dealing with the problem of the mounting unfunded liabilities of the federal government. i yield back. . ha the gentleman for his observation. let me, if i can, some irony in the gentleman's response. we've been talking about two items. one, the going to conference, i eal with prospective spending, prospective increase in debt or deficit because we buy more or spend more or cut revenues more. the debt limit, as the gentleman so well knows, deals with what we've already done. doesn't have anything to do with increasing what we're going to spend. the budget does that. now, we're not dealing with the budget, but there is discussion dealing with this priorit
of that smile. airport delays, the president will not divert spending cuts to nonessentials, won't do it. tax refunds to people who didn't pay a dime in the first place. the irs overpaid to the tune of 13 billion dollars. 6 million free cell phones for the poor, not enough. the administration wants to extend the program to high speed internet. and the internet sales tax passes the senate. so, you, sit on the tarmac, game the tax system and get your free internet and let's find something else to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25% pre-market and offered a month free with "house of cards" as the bait and people liked it, big jump in subscribers, almost as many pay for netflix
to vote this week on a proposal that could add taxes to all puchases made online. the marketplace fairness act would allow states to collect sales tax from online retailers. amazon and other etailers dodge paying sales tax in states where there is no storefront presence. opponets of the bill argue state sales tax laws are too complex for the legislation to work. brick and mortar stores contend the tax loophole gives online stores a price advantage. the ceo of yahoo is defending her decision to end the tech company's work from home policy. the controversy sparked in february when a yahoo memo revealed marissa mayer was insisting yahoo employees would work better in the office than home. last week at a conference in los angeles, mayer told a crowd her comments were wrongly perceived as an "industry narrative." she also clarified: people are more productive when they are alone, but more innovative when they are together. the "silver state" is facing a rising unemployment rate. nevada now has the highest unemployment rate in the nation at 9.7%. nevada, california and mississippi had been tied
this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri: and, of course, it to you. breaking news this afternoon about a lawsuit filed by the industry. the judge in that case did not grant an emergency stay to block furloughs. are you surprised? >> i am a little surprised. obviously a lot of legal opinions that says the faa can actually switch funds around to make this, but i do think it will take but the administration and congress to come together to solve this problem. the faa should delay the cuts that congress should clear up the authority to switch around of funds. it will take both bodies to prioritize this is a problem so we don't have travelers waiting in airports. should have never gone to this point in the first place. gerri: no. so many things congress and the president could have done, work together, but, as we know, they'd all like to. thank yo
's only possible on the -- look at the host of just raised the issue on tax bases. it's not a minor problem. if we have asked for a report and the outcome was -- companies which are -- on a global level, a tax burden which is high compared to companies not on a global level because the possibilities, the options to avoid taxation, are in this interconnected world, and at the end you need someone who pays for the budget. otherwise you will create major problems in europe. exist to discuss better market economy, is more successful combined with political freedom and democracy and rule of law, over the economy combined with the political system which is so complicated. i am convinced, more sustainable the basis of freedom, the rule of law, democracy, and might be a bit more complicated. more sustainable. perhaps we have to do this again and again. >> let me ask you quit a different question and that is, u.s. and the european union have announced they're going to negotiate a transatlantic investment and trade pact, partnership, and several have suggested that the united states and europ
. >> welcome back. tax-free shopping on the internet could be over under a bill that is making its way through the senate. the bill would require online retailers to collect state and local sales tax for purchases made over the internet. the sales tax would be sent to the states where the shoppers live. under current law, states can only require stores to collect sales tax if the store has a physical presence in the state. so as we all know, most online sales are essentially tax- free, even though you are supposed to declare those items on your state tax return and pay the sales tax, very few americans do. the senate voted 74 to 20 yesterday to move the market place fairness act to a boatvote. with the level of support, the senate could pass the bill as early as this week. >> bart is same this morning that a woman was not injured when a train ran over her after she jumped onto the tracks at a san francisco station. the woman jumped in front of oncoming train at the 24 street station last night. the train went right over the woman as it passed through the station and did not injure her as she l
a lot of procrastinators. why you have an extra day to file your california taxes. >>> breaking news in san jose. one person has been killed in a house fire. our kiet do is on the scene and tells us it was an older woman who died. now another person thought to live there is still missing. firefighters tell kiet it's still too dangerous to go inside the house to look. the fire started about 8:30 tonight near highway 17. the winds were making it pretty hard to fight too. embers, they were flying onto neighbors' roofs. but so far, we're told the fire is contained to that one home. >>> very latest on the boston marathon bombings. here's what we know. the two bombs that went off killed three people. one of the victims, an eight- year-old boston boy. his father was running the race. his sister and mother were also seriously hurt. more than 140 people were injured. at least two other explosive devices were found near the finish line and were disabled. a reporter at our sister station in boston was right there as the bottom went off. >> w
of these proposals would give to our children more taxes, more spending and neither ever reaches balance. there is only one proposal, the house budget, that would instead give to our children a balanced budget and a brighter future of freedom and opportunity. now is the time to choose the budget that reflects our american values. mr. speaker, the american people and future generations of americans deserve a balanced budget. i thank you and i yield back the balance of my time. the speaker pro tempore: the chair recognizes the gentleman from maryland, mr. hoyer, for five minutes. mr. hoyer: i ask unanimous consent to revise and extend. the speaker pro tempore: without objection. mr. hoyer: i thank the gentleman. preliminary, however to my remarks, i want to say i thank the gentleman for my -- the previous speaker for his remarks and to say i would hope that the senate, having passed a budget, we having passed a budget, the president submitting a budget, that we will now, hopefully as soon as this week, go to conference so that we might discuss the differences and get that budget to which t
tax, that that money be spent on american made steel, con secrete -- concrete, bridges, buses, trains, whatever. it could work. one example, in the bill there was an opportunity for amtrak to buy new locomotives. about half a billion dollars to be spent on these new locomotives. in that section of law, one sentence was added that said these must be 100% american made. no one was making locomotives in america before that. but siemens, the german corporation, one of the biggest manufacturers in the world said, oh, half a billion dollar well, can make locomotives in america, sure. in sacramento, california, they opened a manufacturing plant, probably somewhere between 200 and 300 people working there today manufacturing 100% american made locomotives and on may 134, three years after they began this process, the first 100% american made locomotive in probably more than a century rolled onto the tracks of america. we can do this. h.r. 549 will provide that opportunity, using american-taxpayer money. i have another bill that does the same for wind and solar projects. we can do these things
they came to the rescue of a young boy. >> don't have cash to pay your taxes? taking a look at unusual way people are finding a way to pay >>> we want to take you back to a story david louie is reporting. parents of a 15-year-old are taking steps in court. loved ones of audrey pott will be in court tomorrow to try to prevent three teen-aged boys from being released from custody. abc 7 news david louie joins us now. the family talked to reporters today. >> the mother, stepmother and father of audrey potts said they'd be here today if not for the actions in the fall them. say she was sexual assaulted after drinking and passing out. she sent out messages her life was ruined and over. >> she left her messages clear. there is no doubt as to the reason why she took her life ask three people arrested are responsible for the death. >> in one is identifying the boys because they're minor wuz but the family says they were on the saratoga high school football team. all three were disciplined and removed from the scene. >> they have a history. they've shown no remorse whachl they did was disgufrting a
's winter of discontent, when britain had double-digit inflation, a top income tax rate of 83% and rising unemployment. and she revolutionized the economy with free-market ideas in her ten years of service that ushered in a new decade of prosperity. when she took office, the top income tax rate was 83%. it was cut to 60% and then to 40%. the middle tax rate was cut to 30%. and the lowest tax rate was eliminated altogether. when she took office, the top corporate tax rate was 53%. she cut it to 35%. the top capital gains tax rate was a stifling 75%. thatcher cut it to 30%. and as a result, a progrowth policies, unemployment fell from a high of 12% early in her tenure to 7.5% near the end. public spending as a percentage of g.d.p. fell from 45.1% of g.d.p. to 39.4% of g.d.p. and inflation fell from almost 22% in 1979 to a low rate of 2.4% in 1986. but perhaps the most telling tribute to margaret thatcher's leadership is that three days after she gave her britain await speech, that heroic speech she was dubbed "the iron lady" in the communist news outlet "the red star." when your military en
' projections. netflix shares are up almost $40 to just $214 a share. tax-free shopping on the internet could be over under a bill making its way through the senate. the bill require online retailers to collect state and local sales tax for purchases made over the internet. the sales taxes will be sent to the states were a shopper lev's. under crime law, states can only require stores to collect sales tax of the store has a physical presence in the state. as a result, many online sales tax are essentially tax-free even though you're supposed to declare those items on your state tax return and pay the sales tax. very few americans do. this a de senate noted 74 to 20 yesterday to take up the bill. with that level of support, the senate could pass the bill as early as this week. >> using voice to send text messages while driving is just as dangerous as testing with fingers. a new study by the texas transportation institute at texas a&m university came out today and it showed driver response time significantly delayed no matter which method was used. the study was the first to compare boys to tax
. the senate is debating a bill that would require large online retailors to charge state and local sale tax. it would require all companies making over a million dollars a year to charge sales tax on all out of state purchase. state governors have been lobbying for this and the traditional brick and mortar stores say it will level the playing field. san jose based ebay opposes the tax saying sellers would have to navigate 9,000 different local tax jurisdictions across the country. >>> curbing the rules on teen drivers, the new proposals for california. plus. >> piles of dry can i be l pulled off store shelves. what you need to know about the expanded pet food recall. >>> i don't have a problem speaking for the trees. somebody has got to do it. >> changing the community by changing the environment. one one woman is doing to transfer form the view and the people. >> the first for the airline industry next. >>> we have lift off with the wingspan of a 747 and the power of a small electric scooter. the solar impulse airplane kruszed around the bay air gentleman this afternoon without a single dr
residents failed to pass a $75 a year parcel tax. unfortunately, last year's reality is the same today. there is no money. >> it's very difficult. and we recognize that our citizenry wants fire protection services and we are going to have to figure how to do this. >> reporter: the firefighters say the other reality is these cuts could be life or death. >> our firefighter staffing went from 91 firefighters down to 72. and these cuts would bring us down to 66 firefighters on duty. in a county this size, it's unheard of. >> rert: e plan so far is to close one station july and another next year. supervisor mitchoff says she is optimistic they can find other options but dipping into the general fund might not be one of them. >> i know there is a feeling we are going to be ask to use general fund dollars and at this point, i have to weigh that against other needs in the county. >> reporter: today the budget was just up for generalization. the board of supervisors will make a final decision on it on may 14. in martinez, cate caugiran, kpix 5. >> and cate tells us that she has learned that sta
showed surprising resilience dealing with the payroll tax cut exploration and with the first quarter spending close to what it was fourth quarter. so not a real hit and a decline in gasoline prices will give a consumer and nice boost in to the second quarter summer driving season. even in the short term to avoid getting overly pessimistic. connell: thank you very much dagen: she is trying to get us excited about gas that is $3.51 nationwide. [laughter] the frantic search for survivors has a massive explosion at a fertilizer plant levels homes and businesses across a small texas town. connell: carnival invest hundreds of millions of upgrades but now another one of the ships briefly losing power at sea, believe it or not. now look at the price of oil today below $87. ♪ ♪ [ male announcer ] this is karen and jeremiah they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, the
to be grounded. >>> the deadline for filing your 2012 tax return is now a little more than an hour away. ktvu's jade hernandez talked to some pro procrastinators who waited until the last minute to file their taxes. it wasn't so long until since two dozen postoffices stayed open late. more than 80% of taxpayers file online. but-- >> it's guaranteed it will be crazy like it was the last several years since i've been doing this job and people will be rushing in at the last minute right before midnight handing us their tax returns? >> why? >> procrastination. >> some filers want to have extra money now. >> usually people get their taxes back and they spend all their money real fast. the last minute thing i kind of like that because now i'm going to have a little extra. >> reporter: at the h & r block office, this procrastinator is hoping to take advantage of a cancelled appointment. there's always a reason to wait in these lines. >> i think most people get antsy because usually you have to pay and they don't want to give up their money. >> reporter: jade hernandez, ktvu channel 2 news. >>> many
. >>> the deadline for filing your 2012 tax return is now a little more than an hour away. ktvu's jade hernandez talked to some pro procrastinators who waited until the last minute to file their taxes. it wasn't so long until since two dozen postoffices stayed open late. more than 80% of taxpayers file online. but-- >> it's guaranteed it will be crazy like it was the last several years since i've been doing this job and people will be rushing in at the last minute right before midnight handing us their tax returns? >> why? >> procrastination. >> some filers want to have extra money now. >> usually people get their taxes back and they spend all their money real fast. the last minute thing i kind of like that because now i'm going to have a little extra. >> reporter: at the h & r block office, this procrastinator is hoping to take advantage of a cancelled appointment. there's always a reason to wait in these lines. >> i think most people get antsy because usually you have to pay and they don't want to give up their money. >> reporter: jade hernandez, ktvu channel 2 news. >>> many of those lost in
at the symbolic dates, april 15 it's tax day, there's a bunch of groups who have issues about that. it's also patriots' day in boston. it's just short of april 19 which is the anniversary of waco. they'll look at all that but they're also zeroing in on very specific things. a piece of video that shows a man carrying two backpacks before the blast. an individual who was thought to be suspicious who people chased down who is being questioned now. he's a saudi national so they're looking at his status, when did he get here and they say he's being cooperative and denying any involvement so there's a lot of activity going on. >> pelley: now, that stretch of boylston street about two blocks that's locked down as a crime scene. what sort of physical evidence would they be looking for? >> they're going to look for not just any but every fragment of those two devices because what they want to do is they literally want to reconstruct them and scott you would be amazed-- although probably not given the amount of time you've spent in iraq and afghanistan-- but you would be impressed by how through so man
sam but the ways in which they do this are very different. if you just apply a flat tax on u.s. imports that's one way to push our trade back into balance that doesn't involve risks of crony capitalism, that doesn't involve risks to the government micromanaging the economy. if you say okay which is going to have a flat tariff of 10% or 20% or 30% whatever it takes to get to a zero trade deficit that doesn't introduce a lot of corruption or a lot of dangers bad policymaking because it's a very simple policy. it's just determined by an arithmetical formula and there's no opportunity for anybody to play games. one of the good things about it if you have a flat tariff, is if you had a 30% tariff on imported goods that's not enough to relocate the production of t-shirts that united states because cost is too great. it's great to relocate things like silicon wafer fabrication so would tend to relocate back to the u.s. high value capital-intensive skill intensive industries which is of course what we want to do. those are the industries that are high-quality -- high-quality into she
seems tax but that is new in california. what the u.s. government wants to do now that willake it so everyone has to pay internet sales tax. >> a one-two punch from mother outfr fld, tousang facing another headache >> covering santa rosa, berkeley, san jose, and all bay area, this is abc7 news. >> good morning, everyone, 5:14 and this is the view from mount sutro looking on e lightsf san anciosget re t night separae day with more on the weather. it will be warm one coming up in a few minutes. >> the days of tax-free online shopping could end. the not is plan on voting by today to give states the authority to collect sales tax on all internet purchases. amazon is urging customers to call lawmakers to shoot it down. local governments have been losing billions from online retailers not collecting sales taxes. california and eight other states are the exceptions. with state laws requiring online giants to collect taxes from internet purchases. >> amazon is upping customers to write the congressional representatives to oppose the bill. >> there are a lot of rattled nerves but no damage or
to manufacturer boxcar on. lori: tax-free online shopping could be numbered. melissa: take another look at metals as we head out to break. copper trading lower. we will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by cnging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfsfunction get in your wa? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury
will be available for produce. >> california already offers you a tax incentive if you buy a hybrid vehicle but one lawmaker wants to sweeten that pot. phil ting touted a clean car tax bill eliminating state sales tax for anyone buying a hay brid or electric vehicle. tink says this is to get more clean fueled vehicles out there on the road. >> california goal of putting 1.5 million vehicles on road by 2025 but now we only have 117,000. we have a ways to go. >> gas powered vehicles generate 40% of the state air pollution. >> habitat for humanity clom com pleet aid three-day building blitz today. >> to some this may sound like a lot of news but for erica,. >> it's music to ears and soon to be her new home this, is the construction site of habitat for humanity affordable housing come ple.. one complete there tlb 12 new homes, one will belong to erica. >> do. >> hundreds of hands from different experiences. >> this is about nailing and getting ready. >> habitat decided to, but the same code as ply. >> we breakdown into teachable cone yents. >> homes will cost $180,000 paid over 30 years with no interes
an extra day to file state taxes after problems with online tax payments. the system crashed because so many people were trying to pay online, online payment is up 66%. because of the issues, california officials extended the deadline by a day but this is just for your california return. for more information go to kpix.com/tax. >>> federal investigators are looking at last year's chevron refinery fire in richmond. chevron was allowed to monitor rather than fix the potential problems. the company had the resources and expertise to know the risk but there was no intervention before the accident happened. >>> california lawmakers are proposing a plastic bag ban that could go into effect. there are 70 cities with similar laws. senate bill 405 would supersede all of them. an initial hearing set for tomorrow in the environmental quality committee. >>> 4:42. what your heart rate can tell you about your risk of death. >>> plus more evidence that being behind the wheel of a car is dangerous. >>> he made it ten feet, we saw him collapse. >> a parents at a youth area baseball game saved the life o
, cutting spending in the tax code, and then i think it also keeps our promises to people to seniors who worked hard their whole life and want to nothing more than a secure retirement. and to our veterans to 0 who we made promises as they donned the uniform and fought for our country. >> host: what about the issue of changed cpi. . >> guest: i start with a basic notion that social security has enci ad itbutedp our shben ttal n part of the discussion. certainly we need to be concerned about the long-term solvent sei of social security but again when retirement security is question mark for so many families. i don't think it should be on the table during this part of the discussion during the budget resolution. look at the real contributors to our deficit and debt as we try tackle those challenges. >> host: two final questions before we go to calls. callers are ready. this is another article during an intimate dinner with democratic senators. how come you were left off the list? [laughter] >> guest: i have no idea. [laughter] but i have been very pleased with the president's increase in ou
and that they are squeezed to higher payroll taxes. me? i come down squarely in the mechanical camp, because i have liquidated assets myself. i know the havoc that a margin clerk can wreak, because i have been there and been a part of it and perhaps because i am a recipient of a tough margin call and because i know how the raise capital on the fly, and how hedge funds gone wild exacerbated the 2008 and 2009 sell-off with endless liquidations, and i have seen the pattern before and it is similar to all of the other times and it does not mean that it should be longer, but or when the margin clerks are done, but it should sold, because you have little basis of facts. what should you do? first, if you find out no mystery and world wide weakness, take the sell-off from face value and find out who benefits? the answer is companies like general mills, boxes filled with grains that are declining in price. and general mills benefits from the commodities decline all of the way around. so if you believe that there is a worldwide slip for commodities to decline, then gis. and this is the exaggerating the short
, but savings should not, for discretionary spending. we need to look at mandatory spending and tax expenditures. i agree completely with your point that it is hurting. i was at so many federal agencies that are compromised in not doing their work. this hits bone. these are critical services that will not be able to be performed. however, it was important not to have a government shutdown. it was important to get past this fiscal year. there was no possibility of removing sequestration in the last rounds of negotiation. there was no chance of removing it in the house and we did not have the 60 ghost in the senate. so -- votes in the senate. we could not do it. he did not have a game plan. it is a failure, that is votes are nothe there. it would have been a greater catastrophe if we hit march 1 without a continuing resolution and government would close down. gone through that before and it causes chaos. last point, we gave agencies additional discretion, which in some cases allow them to make better decisions than having to do a across the board cuts. host: back to immigration on twitter -- will
of the day. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. current tv is the place for true stories. with award winning documentaries that take you inside the headlines. real, gripping, current. documentaries... on current tv. >> michael: at 844 pages, the bipartisan immigration bill is meaty legislation. all of the gangs back door dealing has added a lot of well, pork. they negotiated a new work visa program allowing up to 200,000 low-skill workers to entry the country, at the very last moment, senator lindsey graham added another 20,000 visas especially for meat cutters. guess what his number one comedy is in his state? chicken. that's right. senator michael bennett drafted a cool provision for the ski resorts, making it easier for them to hire foreign see instr
. the board of supervisors today debated whether to close county fire houses. it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a partial tax measure to beef up staffing levels. final vote is expected may 14. >> police are hoping to solve a cold missing persons case with the hell f of forensic artist. he was 20 years old when he disappeared 10 years ago. he was five feet, 10 inches tall. shane was last seen in the arch stone apartment on owens drive back in september 2003. take a look, now, this is a new age progression picture drawn by forensic artist. it shows shane as he would appear now at the age of 32. shane is asked to contact police. >> in conquer, police are
to file their taxes and the mother of a virginia tech shooting victim marches on capitol hill with a message. stay with us. >> stom st  did you forget? today is april 15th, tax day. if you haven't filed yet, here's an important tax tip from fox brenda buttner. >> the average tax refund is about $3,000. that's great for a lot of americans but if you're getting more than that chances are you should adjust your will holdings. the treasury department doesn't pay interest on routine refunds. that means taxpayers who collect large refunds year after year have been giving the government an interest free loan of their money. >> a lot of people consider it a free thrown the i.r.s. and why would you want to do that? keep your money earning interest. it's yours and you can use it throughout the year as opposed to once a year. >> you can find a free tax withholding calculator on it. r.s.gov -- i.r.s.gov. >> we're going to back live to boston plus we're going to talk to one runner moments after returning home to d.c. from that race. and coming up in sports one hoyas
the u.s. senate returns to work. debate on the internet sales tax bill. at 2:15 eastern. that's on c-span2 and now to the house floor here on c-span. the speaker: the house will be in order. the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. god of the universe, we give you thanks for giving us another day. the house returns from a long weekend meeting with constituents as our nation continues to process of the impact of dramatic explosions in boston and texas. concerns about budget, taxes, immigration, gun violence, among others, reveal the considerable divisions both in congress and among the american populous as well. as opinions and emotions surge loudly and with little indication of easy solution, we take this quiet moment to ask your blessing upon the members of this people's house. give each member peace and quiet discernment to work toward common solutions that might ease our divisions and open the way to new hope and confidence that we as a nation will continue to shine as an example for all the world to immolate. may all that is done th
you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. >> announcer: broadcasting across the nation, on your radio and on current tv, this is the "bill press show." >> bill: hard to believe but another act of terror on american soil. yes, good morning everybody. april 16, tuesday. the day after patriots' day. turns into bloody mayhem in boston at the end of the boston marathon. we'll be talking about that and covering that from every angle with you this morning. good to see you. thank you for joining us here on the "full court press" where we always bring you the news of the day. good or bad. and talk about it for the next three hours here on your local progressive talk radio station. on current tv and on sirius x.m. this hour only. good to have you with us today and a lot
on the first read. item 18. >> item 18 is a resolution approving the issuance of tax exempt obligation by the california enterprise development authority in an aggregate principal amount not to exceed 9 million to finance and refinance various capital facilities owned by the progress foundation. >> same house same call? this resolution is adopted. [gavel] >> item 19. >> item 19 is an ordinance [speaker not understood] general fund reserve of approximately 4.3 million to support shortfalls in the sheriff's department for fiscal year 2012 through 13. >> supervisor farrell. >> thank you, president chiu. colleagues, this is a supplemental that came before our budget and finance committee last week from our sheriff's department. it's the third supplemental we've seen this budget season. the first of the public defenders which is going to be coming back for another hearing soon and second obviously the department of public health supplemental. the reason for the supplemental were twofold. one, unknown workers' compensation costs due to a few big claims that were not predicted last year as we
it and forget it >> welcome back to the kron 4 morning news. the story i'm falling out of washington. tax-free shopping on the internet could be over under a bill making its way through the senate. the bill would require online retailer to collect data local taxes for purchases made over the internet. the sales taxes would be sent to the state where the shopper lives. >> under current law, states can only record store to collect sales taxes if the store has a physical presence in the state. as a result, many on-line cells essentially tax-free. even though you are supposed to declare those items on your state tax returns and pay the sales tax. very few americans do. the senate voted 74 to 20 as today to take up the bill. with the level of support, the senate to pass the bill as early as this week. >> >> we will take a break is 511 back with more in a moment. when we come back we will the full text of forecast. here's a look at san jose. the ride on 101 looking okay. temperatures outsider pretty good. 54 in san jose looking for near a [ male announcer ] fact: the 100% electric nissan leaf..
. >> the board decided to close four stations last year after a parcel tax failed to pass the november ballot. >>> the u.s. postal service will sell its historic downtown berkeley building on alston way. the post office will be moved to another location as close to the current site as possible. the postal service says financial issues are forcing the sale. berkeley's mayor says he is disappointed and hopes the owners will maintain the building's historfacade >>> north vallejo little league is asking parents and relatives to leave their weapons at home. 200 little leaguers were temporarily benched last week after a noninjury shooting occurred outside in the parking lot. it happened after a father and relative got into an argument during a game. >> i know it happened this vallejo but you wouldn't think it would happen on a t-ball game with little kids playing. >> they were heartbroken. they want to play. nothing out here for them really to do positive. the only thing. >> the game is back on. a new no tolerance policy includes no violence and no weapons. >>> the california highway patrol will co
in the 35 to 40% -- >> that's still way too high. mortgages are a great bargain under the tax code. >> it's extraordinary. >> are they going to get rid of the deduction? >> i don't think so. it by far impacts middle america more than anyone else. if they tweak it, it will be on the edge. but listen, mortgage interest deduction has been around over 100 years. i don't believe it's going anywhere. >> demand outstripping supply in your last conference call. you said that. even better now? >> it is. >> is there a housing shortage, sir? >> absolutely. >> there is? >> it's worse than any of us imagined. >> what states? >> let's look at new york city as an example. there are money venturi -- >> people are knocking on people's doors who do not have signs. i'm not kidding. >> i know. i know that to be the -- we tell them to do it. they're literally trying to convince you to sell. now, the seller's got to convince themselves that they can actually get the price they want. and that is starting to change. i mean, you're seeing extraordinary price increases. we have markets where prices are increasing
could be allowed to collect sales taxes. expect a vote on the president's choice to head up the office of management and budget. silvio burrell coming up -- .ylvia burwell expecting your more questions questions into the boston marathon bombings and the ongoing federal investigation. it is sunday, april 21. the boy weekend on scouts of america. and the debate over whether to allow gay scouts and/or gay leaders appeared we are going to focus on this issue in our first 45 minutes of today's "washington journal." our line for republicans is (202) 585-3881, for democrats, (202) 585-3880, independent, (202) 585-3882. .ou can set up a tweet @cspanwj we'll check in with michelle boysen and a moment. let's begin with a quick look at some of the other headlines, beginning with the boston herald. the events of the last week in boston dominated the coverage. a celebration that essentially took place yesterday at fenway park -- this is the headline from "the boston herald," loud and proud. and from the boston sunday globe, acting toward normal, healing still to do as neil diamond came back to fenw
of jobs were expanded. >>> 7:47. ebay may be on the losing end of a battle over internet sales tax. the online retailer wants customers to tell federal lawmakers they oppose a to collect sales tax on internet purchases. ebay says the sales tax would hurt small businesses. but the u.s. senate overwhelmingly agreed to start debating the idea. online retailers are exempt with less than $1 million a year. >>> nevada is accused of dumping psychiatric patients in california to save money. pam cook is in our newsroom with the alarming accusations and what the city of san francisco is doing about it. >> well, a nevada state mental hospital is accused of putting psychiatric patients on greyhound buss headed for california -- buses headed for california. it doesn't stop there. the hospital in las vegas loaded up 1500 patients on buses and sent them out of state. now dennis herrera is demanding answers. >> it's very disconcerting when i think about these individuals given one-way passes on buses, no meds, food or drink. >> herrera is asking the allegations to be looked into. he says if the al
to pay respect to those faithful americans who filed their tax returns this week. only with a stark reminder of the enormous burden we have placed upon them with our complicated tax code. you know, it's been like a snowball going down a hill. it just gets bigger and more bloated the more cumbersome with each passing year. mr. pittenger: mr. speaker, this needs to stop. we added 4,400 changes to the tax code in the last 10 years. we can make it better. house republicans have a plan. we have a plan to reform the tax code, to make it simpler, to make it fairer, to make it responsible to the american people, put more money in their paychecks and to give more money to them to take care of their families. mr. speaker, american taxpayers deserve better, and we're going to do it. thank you. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from the great state of california sook recognition? -- seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one
[ ♪ theme music ♪ ] >> michael: it has been an emotional tragic, and very taxing week on all of us, and what we have for you today is breaking news about what happened in boston, what happened in texas and of course we're going to bring you live--we're going to talk to about what happened with the gun bill as well. we have a great show for you. i'm michael shure, and you're in the war room. [ ♪ music ♪ ] >> michael: we have breaking news coming out of botch today. as you know today was the day when the fbi was going to have a press conference. they just had that press conference, and we now have photos of the bombing suspect-- suspect--two bombing suspects in boston. they've been photographed, they've been videoed. the video coming from lord & taylor from across the street. they have done a remarkable job piecing together these images and these videos. here is a little bit with what they say today at this press conference, which concluded just a little while ago. >> identifying and locating those responsible is now our highest priority. no other details will be released at this
bags at check out. that doesn't sit well with some. >> i feel they are already getting money from taxes that they charge you. they charge you for everything in the world. and i just think it's an added cost. >> they are messy. people throw them everywhere. they do plug things up. i would like it to be cleaner for my grand kids. >> now according to san mateo county health system, californians use about 20 billion plastic grocery bags every year. that is why a growing number of communities all across the bay area are putting similar bans in place in an effort to offset all of the cleanup costs. as we bring you back here live here in san mateo county they are really trying to launch an education effort and get people used to this new bag ban. you can see they have a sign posted here at the entrance to the store. and in many case there is is a store that will hand out reusable bags for free. we are live this morning in belmont alex savidge ktvu channel 2 news. >>> time now 5:38. sal, we're just talking about you know forgetting the bags. do you bring your bags your reusable bags? it's a guy
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